US personal spending stagnated in May as prices increased
U.S. personal spending stagnated in May, reflecting a decline in outlays for merchandise, while a closely watched inflation measure continued...
Fed pivot seen as bump, not dead end for reflation trade
Markets were upended last week after the U.S. Federal Reserve signaled it would begin to dial back the stimulus that...
Wait times for chips hit record 18 weeks as shortage deepens
Chip-starved industries from automakers to consumer electronics will need to wait a bit longer for components, as delays in filling...
Ford sees ‘significantly better’ second quarter on strong demand
Ford Motor Co. has switched gears on a previously dour financial outlook, saying it now expects stronger second-quarter results thanks...
Retail sales, factory data show growing pains for US recovery
An onslaught of economic reports on Tuesday added to evidence of a U.S. recovery in full swing, yet one experiencing...
US father-son duo charged with helping Ghosn flee plead guilty
The American father-son duo charged with helping former Nissan Motor Co. Chairman Carlos Ghosn flee trial in Japan a year...
US job growth picks up in sign of progress on filling openings
U.S. job growth picked up in May -- along with worker pay -- and the unemployment rate fell, signaling firms...
Automakers have just a few weeks of car supply left on US lots
Carmakers’ new-vehicle inventory has dropped to a record low in the U.S. as the global chip shortage hampers efforts to...
